FormFactor CEO reports RSU vesting and share withholding
FormFactor Inc. CEO Mike Slessor reported equity compensation activity involving restricted stock units and common shares on February 9, 2026.
Rhea-AI Filing Summary
FormFactor Inc. CEO Mike Slessor reported equity compensation activity involving restricted stock units and common shares on February 9, 2026. He exercised or converted 5,908 restricted stock units, which settled into the same number of common shares at $0 per share as part of his compensation plan.
To cover tax withholding obligations on this vesting, 3,288 common shares were withheld at a price of $94.88 per share. After these transactions, he directly beneficially owned 479,750 shares of common stock and 11,816 restricted stock units, which continue to vest in quarterly installments through August 7, 2026, subject to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,908 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,908 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,288 | $94.88 | $312K |
Footnotes (4)
- F1. These shares of common stock reflect the settlement of restricted stock units of the Issuer. Each Restricted Stock Unit (RSU) is convertible into a share of common stock on a 1-for-1 basis.
- F2. Represents the number of shares withheld upon vesting of restricted stock units to cover tax withholding obligations.
- F3. The Restricted Stock Units granted on August 7, 2023 vest in twelve (12) quarterly installments beginning on November 7, 2023 and ending on August 7, 2026 and will be settled into shares of common stock on or following the vesting dates.
- F4. If the reporting person's employment is terminated for any reason before an applicable Vesting Date, all restricted stock units that have not yet vested shall be forfeited without consideration, except as provided in the change of control severance agreement and any other agreements regarding equity vesting and exercisability between the reporting person and Issuer, which agreements or form agreements are filed with the SEC.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did FORM CEO Mike Slessor report on February 9, 2026?
Were Mike Slessor’s FORM transactions open-market buys or sells?
What is the vesting schedule for Mike Slessor’s August 7, 2023 FORM RSU grant?
What happens to Mike Slessor’s unvested FORM restricted stock units if employment ends?
AI-generated analysis. How Rhea-AI works. Not financial advice.